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Show me the steps to solve: LMN Co . is considering a four - year project to improve its production efficiency. Buying a new machine

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LMN Co. is considering a four-year project to improve its production efficiency. Buying a new machine for $596,179 is estimated to result in $190,389 in annual pretax cost savings. The press falls in the MACRS five-year class, and it will have a salvage value at the end of the project of $71,165. The press also requires an initial investment in spare parts inventory of $22,763, along with an additional $3,792 in inventory for each succeeding year of the project, with full recovery at the end of year 4. If the shop's tax rate is 38 percent and its discount rate is 13 percent, what is the NPV? Use exact MACRS numbers in Table 9.7(page 285) of text. Answer in $ to two decimals. The MACRS numbers are attached in the screenshot.
The correct answer was -61,752.52
Please explain step by step and how this number was the final answer. Thank you. Requesting No Excel, just step by step calculation. I use financial calculator.
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